Thread: Exchanging Currency
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01-06-16 20:20 #1818
Posts: 416Originally Posted by Jackson [View Original Post]
And your analogy with the guy with a stomach ache doesn't really stand up because there's not any connection between the two men and you wouldn't say the well guy 'got' stronger, but you would say he 'is' stronger.
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01-06-16 17:06 #1817
Posts: 13Originally Posted by AllIWantIsLove [View Original Post]
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01-06-16 14:28 #1816
Posts: 2556
Venues: 398Originally Posted by AllIWantIsLove [View Original Post]
As many people tend to do, you're paraphrasing the peso-dollar relationship incorrectly.
You wrote "...unless Macri prints more pesos. And if he does that the dollar will strengthen accordingly."
The dollar does not get "stronger" or "weaker" against the peso. It is the peso that fluctuates (usually down) in value in comparison against the relatively stable dollar.
Your summary would have been more correctly stated as "...unless Macri prints more pesos. And if he does that the peso will weaken accordingly."
If two men are standing side by side, and one of them doubles over with a stomach ache, you don't describe the situation by saying that the other man got stronger.
Thanks,
Jax
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01-06-16 11:27 #1815
Posts: 28088% yesterday
Originally Posted by Ilstranger [View Original Post]
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01-06-16 11:12 #1814
Posts: 1657I sure hope for your sake you're right.
Now. Have you looked at your precious " spread " lately?
Originally Posted by AllIWantIsLove [View Original Post]
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01-06-16 03:21 #1813
Posts: 746Originally Posted by Ilstranger [View Original Post]
But what do you guys who do understand economics think?
Bob.
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01-05-16 18:54 #1812
Posts: 1657Thank you tejanolibre. But. The official exchange rate is now 13.6 and dollar blue is like 13.9-14. Unless I'm exchanging thousands of dollars at a time, it's too much of a hassle and definitely not worth my time For 300 pesos for every thousand dollars I exchange. I spend half of that on the taxi to get to microcentro.
Bye bye CFK. Bye bye dollar blue. Hello Macri. Hello " inflation? You ain't seen nothing yet.".
Originally Posted by TejanoLibre [View Original Post]
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01-04-16 22:06 #1811
Posts: 91Originally Posted by TejanoLibre [View Original Post]
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01-04-16 21:41 #1810
Posts: 3040Originally Posted by Nikki [View Original Post]
Corner of Guido and Vicente Lopez.
6ft. 4in. Very Black Cuban.
Well Dressed. You can't miss him.
Has his office right next to Freddo the ice cream place.
Whatsapp - +54911 3868 2766.
14 to 1 yesterday.
TL.
He is there everyday.
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01-04-16 20:39 #1809
Posts: 91Need cueva for friends in town
Hi guys,
I have some French friends in town and need to take them to a cueva to exchange some money in Recoleta ( Pueyrredon and Las Heras ) my guy is on vacation, any pointers will be much appreciated! Please PM me .
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12-29-15 20:31 #1808
Posts: 3040Victor the Deserving Cambio Dude
Originally Posted by Ilstranger [View Original Post]
I guess that's better than a sharp stick in the ass but it may depend on the stick.
TL.
He said something about the official being $12.70 but I have not bothered to even check.
No idea what his source is.
But like anything in life you can work it like a car deal or a pussy transaction.
Negotiate!
Not worth my time but it may be worth yours .
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12-28-15 15:45 #1807
Posts: 1657That sounds like wishful thinking. I walked down Florida a week ago and was offered 60 centavos above bank rate. The difference is becoming negligible not the reverse. Macri' s election victory did away with any meaningful dollar blue.
Originally Posted by DaddyRulz [View Original Post]
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12-27-15 21:32 #1806
Posts: 2808Official exchange rate
Originally Posted by Gandolf50 [View Original Post]
Even if they really float the peso there will still be a small one because there is always people trying to stay off book. Those people will always be paying a premium to change black pesos to dollars and as long as they are paying the premium, I will get a little more at the cueva for my dollars.
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12-27-15 21:16 #1805
Posts: 187The "blue" will stay blue and over and out-
Originally Posted by Gandolf50 [View Original Post]
Maybe they expropiate the "K-fortune"...this makes BCRA rich.
Maybe the blue-party is over.
Till Chiquiloft will come back. (maybe in Caracas, la Paz o La Habana).
I hope, we will get back to economy, not low-end speculation en "cuevas".
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12-27-15 20:58 #1804
Posts: 911Originally Posted by DaddyRulz [View Original Post]